UK’s Largest Bitcoin Treasury Smarter Web Eyes ‘Struggling’ Competitor Acquisitions for Discount Prices

Smarter Web Company is exploring acquisitions of distressed competitors to acquire their Bitcoin holdings at discount prices. According to a Financial Times report, the UK’s largest corporate Bitcoin holder with over £200 million in crypto reserves made the revelation despite its shares plummeting 73% from their mid-June peak. Founder Andrew Webley told the publication that “there’s one that’s very attractive, there’s one that I’ve got my sights on at the moment,“ though he declined to name the acquisiti ...